Elisa released this morning its Q3 update. Q3 revenues were flat yoy while EBITDA grew by 2.1%. Note that revenue growth is poorer than in the previous quarter (Q2 revenues were up by 2.8%) but the acquisitions made at end 2016 and the beginning of 2017 (Starman and Santa Monica) have had an impact of c.1.5% on the accounts in Q2. So if we exclude moreover some of the recent divestments made by the group, the Q3 organic growth at c.1% yoy is globally correct and in line with the previous quar
18 Oct 2018
Elisa, without external growth, is a classic no-growth story
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Elisa, without external growth, is a classic no-growth story
Elisa Oyj Class A (ELISA:HEL) | 0 0 0.0%
- Published:
18 Oct 2018 -
Author:
Jean-Michel Salvador -
Pages:
2
Elisa released this morning its Q3 update. Q3 revenues were flat yoy while EBITDA grew by 2.1%. Note that revenue growth is poorer than in the previous quarter (Q2 revenues were up by 2.8%) but the acquisitions made at end 2016 and the beginning of 2017 (Starman and Santa Monica) have had an impact of c.1.5% on the accounts in Q2. So if we exclude moreover some of the recent divestments made by the group, the Q3 organic growth at c.1% yoy is globally correct and in line with the previous quar